Indonesia's first 7-Eleven opened in 2009 and became a popular hangout spot for consumers. At their peak in the Southeast Asian country, they numbered 190 stores, offering free Wi-Fi and a seating area for guests while selling fresh local meals and traditional 7-Eleven snacks like the Slurpee. Despite the chain's popularity, the franchisee, PT Modern Internasional, shuttered all remaining 161 stores there in 2017.
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7-Eleven Was Popular In Indonesia — But That Didn't Save It From Total Failure

The Great Pacific Garbage Patch is now twice the size of Texas and contains 1.8 trillion pieces of trash floating in the ocean. The Ocean Cleanup is an ambitious non-profit committed to removing it, and on Saturday it launches its first system out to sea from the San Francisco Bay.
Dutch entrepreneur Boyan Slat came up with the idea when he was 16 years old.
"I went scuba diving in Greece and I actually saw more plastic bags than fish around me," said the Ocean Cleanup CEO and founder. "I wondered, why can't we just clean this up?"
He founded the organization in 2013 and the team has raised $35 million through crowdfunding campaigns and big donors like Marc Benioff and Peter Thiel.
System 001 is a 600 meter long float, with a 3 meter skirt and it's designed to corral plastic and debris. The collected garbage will then be removed by garbage truck-like ships.
The initial contraption will be used for testing and aims remove about 50 tons of the garbage, but the goal is to launch 60 systems to reduce the floating garbage patch by 50 percent in the next five years.» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
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Ocean Cleanup Launched A Plastic Catcher | CNBC

Starbucks can be found all over the world, from Shanghai to Guantanamo Bay. But there is one continent that was uninterested in the coffee giant. Australians largely rejected Starbucks' attempted takeover, which led to an embarrassing retreat for the brand.
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Why Starbucks Failed In Australia | CNBC

A start-up called North, formally Thalmic Labs, is introducing a pair of smart glasses that it thinks will appeal to the masses because the design looks so similar to normal glasses. They're called Focals, and they cost around $1,000.
Focals connect to your phone via Bluetooth and have a small projector that beams data into the wearer's eyes. They can tell the wearer the weather or time, read text messages and even order an Uber. The glasses are also connected to Alexa, so if you can ask them for directions or information, a small speaker will tell you the answers.
North has raised over $140 million from investors including the Amazon Alexa Fund, Spark Capital, Intel Capital and Y Combinator.
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Prescription Smart Glasses For The Masses: First Look | CNBC

Professional gamer Tyler "Ninja" Blevins discusses the popularity of Fortnite and how he earns income from playing video games by streaming on Twitch.
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Tyler 'Ninja' Blevins Talks Fortnite, Making Money On Twitch And More | CNBC

Nuseir Yassin, 25, left an engineering job at Venmo to chase his dream of making daily one-minute videos and posting them on Facebook. He's found success, gaining over 700K followers and 110M views on his videos.
Read The Story Here: http://cnb.cx/2nUQnY6
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25-Year-Old Quit His $120K Job At Venmo To Travel The World | My Success Story | CNBC

Elon Musk may be transforming everything from power to space travel, but Elon isn’t the only entrepreneur in his family tree. Here’s a look at the rest of Elon’s family» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
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Elon Musk’s Family Tree Explained | CNBC

There is a revolution in the Type 1 diabetes community and thousands of people are now hacking their insulin pumps for better blood sugar management. CNBC's Erin Black, who was diagnosed with Type 1 diabetes 20 years ago, decided to try out the hacked system. Here's what happened.
Type 1 diabetes is a disease that affects more than 1.2 million Americans. I'm one of them.
It's a disease that impairs the body's ability to produce the hormone insulin, which normally comes from the pancreas. So insulin has to be injected.
Managing blood sugars can be very difficult, and patients use a pump to help mimic the activity of the pancreas. However, pumps don't automatically adjust insulin levels for diabetics. And the manual process is tedious and can be dangerous.
But a few years ago, people figured out how to hack their insulin pumps to make them automatically adjust insulin levels more precisely.
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Hacking Diabetes With This DIY Artificial Pancreas

As it redesigns its stores, Target is getting back to offering fashion-forward merchandise at decent prices. If it can keep that momentum going, it will help set the company apart from its peers including Walmart, Amazon and Kroger.
Nestled inside Target's Minneapolis headquarters, racks of unfinished clothes line the walls. In another area, sketches and splotches of color are hung up for inspiration. Walk down the hallway, and it looks like you've arrived at an HGTV set with bedrooms, living rooms and kitchens on display. This is the creative hub of Target's in-house brands — a key part of the retailer's turnaround.
Scattered throughout, there are chemical mixing labs and an alcove with a handful of 3-D printers. About 550 employees work together to bring roughly 40 private labels, such as Goodfellow & Co. for men's clothing and Up & Up for cleaning supplies, to life.
Meetings take place around a dining table in Target's Made By Design room, which is decked out with kitchen appliances and other utensils from that label. And "Targeters," as they're sometimes referred to, arrive back from fashion shows or visits to overseas shops, toting items they've collected on their journeys. Each week, so-called kid influencers are ushered in and out of the Cat & Jack room to offer feedback on clothing styles being developed for the coming year.
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How Target Is Challenging Amazon And Walmart | CNBC

Cristiano Ronaldo is one of the richest athletes in the world. The 33-year-old Real Madrid soccer star has an estimated net worth of $450 million. As of June 5, the Portugal-born soccer star has already made an estimated $108 million for the year.
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Cristiano Ronaldo Is Worth $450 million - Here's How | CNBC

The Hershey Company is grappling with the same concern that Milton Hershey was in 1929: is chocolate enough?
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Why Hershey Is Questioning Its Future In Chocolate | CNBC

Roughly 30 million kids in the U.S. eat school lunch every day, and "Big Food" companies have a pretty big stake in what makes it on kids' trays. It starts with federal money, but before USDA funding makes it to cafeterias, many school districts order from food giants like Tyson and PepsiCo who grab a big slice of the school lunch pie.
We hear a lot about school lunches in America and the food itself doesn't always get the best reputation. From Hollywood depictions to real life memories, the school cafeteria is a quintessential part of American culture.
Who decides what food gets put on the tray? And how come one school serves this on a $1.25 budget, while another serves this? Why are teachers working at McDonald's for a night? And how does a slice of Domino's pizza meet USDA guidelines?
Those are all loaded questions with complicated answers, but if you really boil it down the answer is money. Lots and lots of money.
The billion lunches that get doled out in school cafeterias every year make up a multibillion dollar industry that makes sure millions of kids are fed. It starts with federal money but on its way to cafeterias, school districts have to order the meals and food giants grab a big slice of the school lunch pie.
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How Brands Like Domino's Profit From School Lunch

Powerful magnets are necessary for an iPhone to vibrate or a Tesla Model 3's motor to spin. If you combine neodymium with iron and boron, you can make a neodymium-iron-boron magnet, which is the most powerful type of permanent magnet ever created. And demand for these magnets is on the rise. But 80 percent of the world's neodymium comes from China.
You may not have heard of neodymium, but you're probably carrying some of it around with you right now. It's in your cellphone, your headphones and you might be driving several pounds of it around in your car.
Neodymium — pronounced "nee-oh-DIM-ee-um" — is one of 17 chemically similar elements called rare earth elements, and demand for this metal is on the rise.
"Neodymium is responsible for most, if not all, of the growth in rare earth demand at the moment," said Roderick Eggert, deputy director of the Critical Materials Institute at Colorado School of Mines.
For an iPhone to vibrate, for AirPods to play music, for wind turbines to generate power and for a Toyota Prius or Tesla Model 3's motor to spin, they need powerful magnets. If you combine neodymium with iron and boron, you can make a neodymium-iron-boron magnet, which is the most powerful type of permanent magnet ever created.
In the case of your cellphone and earbuds, using neodymium magnets means they can be physically tiny but still strong. For motors, using permanent magnets means powerful, efficient motors with fewer electromagnetic components.
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Neodymium Magnets Are In Demand And China Controls The World's Supply | CNBC

Before Amazon challenged Barnes & Noble the brick-and-mortar bookseller was one of the most prolific American chains during the twentieth century.
This holiday season could be the most crucial one of Barnes & Noble's history.
Its sales have been in a decline for six years as the bookseller cedes market share to Amazon and consumers turn to their phones or portable tablets instead of books. There's been a revolving door in the retailer's C-suite, and activist investors have piled on. Now, Barnes & Noble is considering a sale of its business after receiving interest from a handful of parties, including its so-called modern-day founder and executive chairman, Leonard Riggio, and reportedly, U.K. retailer W.H. Smith.
Barnes & Noble must prove it can deliver sales growth in its core book business this holiday season. The retail industry as a whole is expected to benefit from strong consumer spending, with the average American household expected to spend $1,536 through the holidays, according to a survey by Deloitte. That's up 25 percent from a year ago. If Barnes & Noble can't grow sales against such a healthy, economic backdrop, the company could ultimately head down the same path as its former rival Borders, or shuttered Toys R Us or Sears, which is in bankruptcy court.
All things considered, Barnes & Noble is feeling "highly anxious" and somewhat "paranoid" this holiday season, Riggio told CNBC.
"We've done a lot of things this year to try to put ourselves on the right track and to get our comp-store sales number to head in the positive direction, ... and we are hoping that that comes — we are planning for it to come — during this holiday season."
The company will report its fiscal second-quarter earnings on Nov. 20, where it could say more about expectations for its holiday quarter. In September, without giving a specific range, Barnes & Noble said it expected "improving sales trends, positive comps during the holiday period, better gross margins, and continued expense reductions" for the remainder of the year. Analysts surveyed by Refinitiv predict same-store sales for fiscal second quarter will be down 1.75 percent, but then moderate in the holiday quarter, its fiscal third quarter ending Jan. 19, to drop only 0.25 percent.
Last holiday season, the bookseller's sales tumbled more than 6 percent, with e-commerce sales also in the red. After the dismal results, the company slashed its staff.
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This Holiday Season Could Seal Barnes & Noble's Fate As The Bookseller Considers Selling Itself

Walmart made headlines in July 2018 when Nikkei Asian Review reported that the company was looking to sell its Japanese subsidiary, Seiyu. Walmart told CNBC it will continue doing business in Japan, but company filings show that it has closed more than 100 Seiyu stores in recent years.
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Why Walmart Is Failing In Japan | CNBC

Chamath Palihapitiya, Social Capital founder and CEO, discusses his outlook on bitcoin and recent critical comments on the digital currency from Bill Gates and Warren Buffett.
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Chamath Palihapitiya: I Am A Buffett 'Disciple' But He's Wrong About Bitcoin | CNBC
Billionaire investor Warren Buffett is wrong about bitcoin, tech venture capitalist Chamath Palihapitiya said Wednesday.
"Not everybody is right all the time," the former Facebook executive told CNBC's "Squawk Box." He said knowledge about technology is not in the Berkshire Hathaway chairman and CEO's "circle of competence."
Buffett bashed bitcoin Monday in an interview with CNBC's Becky Quick, saying the world's largest cryptocurrency doesn't produce anything except more buyers looking to make money by selling to new buyers. Berkshire Vice Chairman Charlie Munger and Microsoft co-founder Bill Gates, a Berkshire board member, slammed bitcoin as well.
Palihapitiya, who called himself a Buffett "disciple," said he sees the cryptocurrency as a replacement to gold. "Something like bitcoin is really important," Palihapitiya said, "because it is not correlated to the rest of the market."
Palihapitiya added that he feels he is "in two different universes. I need a passport to go between the bitcoin world and the regular world."
He said people like him who have owned the cryptocurrency since 2012 view it as a hedge to the "traditional financial infrastructure." Whether that's true or not is unclear, he added, "but that's how we've all viewed it."
It's important to remember what happened during the financial crisis, Palihapitiya said. "Everything broke down" and "things that we thought were hedges went away."
The cryptocurrency, which has faced heavy skepticism, was around $9,275 on Wednesday morning, according to industry site CoinDesk.
Over his four-year tenure at Facebook, which started in 2007, Palihapitiya served in various management roles, including vice president of user growth.
In December, Palihapitiya bashed social media, and by extension Facebook, for creating a society that confuses "popularity" with "truth." He argued, "The tools that we have created today are starting to erode the social fabric of how society works."
Facebook took issue with Palihapitiya's remarks, saying in a statement that he hasn't worked for the company for six years, and insisting that the company has undergone changes since then.

China held the lead for the last 5 years, but the United States now has the world's fastest supercomputer. The machine, called Summit, was built for Oak Ridge National Laboratory in partnership with IBM and NVidia, and is designed for AI applications.
Today's supercomputers are made up of thousands of connected processors, and their speed has grown exponentially over the past few decades. The first supercomputer, released in 1964, was called the CDC 6600. It used a single processor to achieve 3 million calculations per second. While that may sound impressive, it is tens of thousands of times slower than an iPhone.
The Lab Director of Oak Ridge, Thomas Zacharia, says, "I've always thought of supercomputing as a time machine, in the sense that it allows you to do things that most other people will be able to do in the future." As he explains, smartphones today are more powerful than the supercomputers used in the 1990s to work on the Human Genome Project.
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What Is A Supercomputer? | CNBC

Toys R Us is closing its doors for good. The toy emporium that Charles P. Lazarus envisioned has been reduced to dusty floors and empty shelves.
Much has been said about the demise of the toy empire, which announced its plan to liquidate. There have been fingers pointed at corporate raiders, Amazon and big-box stores. All contributed to its undoing.
Ultimately, though, Toys R Us' collapse is a story of loyalty run dry. The store in its early days fostered devotion from customers and toymakers. In the end, it lost hold on both.
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The Rise And Fall Of Toys R Us | CNBC

Warren Buffett, Berkshire Hathaway chairman and CEO, talks about volatility in the market, the value of American business and what to look for when investing.
For more of Warren Buffett's wit and wisdom visit https://Buffett.CNBC.com
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Warren Buffett: Just Looking At The Price Is Not Investing | CNBC

Ray Dalio, Bridgewater Associates discusses why he thinks holding cash is a bad idea, when the markets may be in late cycle behavior and how a change in interest rates may result in a bear market. Recorded at Davos 2018.
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It Takes A Change In Interest Rates To Have A Bear Market: Ray Dalio On Monetary Policy | CNBC

Start-up Iron Ox created a fully autonomous farm in San Carlos, California. The hydroponic, indoor farm relies on two robots to plant, care for and harvest all its produce.
One of the robots is 1,000 pounds and about the size of a car. It picks up the trays of plants and transports them around the greenhouse. A second machine, a robotic arm, is responsible for all the fine manipulation tasks, like seeding and transplanting.
As a tray of plants matures, the mobile robot carries it to the processing area. Here, the robotic arm moves baby plants in densely packed trays to containers with more space. This optimizes space efficiency, because throughout their life cycle, plants are only given the room they need.
Co-founder and CEO Brandon Alexander claimed that Iron Ox is able to do the equivalent of 30 acres of outdoor farming in just a single acre on its robotic farm. The company wants to build more small farms near urban centers so produce is fresher upon arrival.
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Watch Iron Ox's New Farm Run Entirely By Robots | CNBC

Despite the seeming ubiquitousness of McDonald's golden arches and the Starbucks mermaid, the sandwich chain Subway actually has the most locations of any restaurant worldwide, about 43,000 in 2017. This number, however, belies the economic reality: while McDonald's and Starbucks continue to grow their profits, Subway's have been slipping since 2014. Industry analysts point to a few reasons for this, including a lack of innovation and fraught relationships with franchise owners.
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Subway - Not Starbucks Or McDonald's - Has The Most Locations | CNBC

Greg Furstenwerth was an early adopter of the Tesla Model S, but once the car was out of warranty he had a hard time getting the parts and service he needed. So he took on the repairs himself, and found it surprisingly easy. "If you can put together Legos you can put together a Tesla.”
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This Tesla Model S Owner Repairs His Own Car | CNBC

Privately-held Barstool Sports is swinging for the fences in digital media. With less than two weeks until the big game, Jim Cramer sat down with both the founder and the CEO for an inside look at the brand.
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"Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to try to help you make money.
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Barstool Sports Founder and CEO: Bringing Authenticity | Mad Money | CNBC

Larry Kosilla left a well-paid Wall Street job to start a detailing business for high-end cars. Most of his colleagues frown on the decision. But, New York has a market for everything – how has Larry’s company made it in such a niche market?
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Why One Wall Street Trader Quit His Job To Wash High-End Cars | CNBC Make It.

13,500,000 GRAM Plan to sell.
Telegram Open Network.
Multi-blockchain Proof-of-Stake system.
About Telegram Open Network.
Instant Hypercube Routing TON blockchains use smart routing mechanisms to ensure that transactions between any two blockchains will always be processed swiftly, regardless of the size of the system. The time needed to pass information between TON blockchains grows logarithmically with their number, so scaling to even millions of chains will allow them all to communicate at top speed.
TON Services TON Services provides a platform for third-party services of any kind that enables smartphone-like friendly interfaces for decentralized apps and smart contracts, as well as a World Wide Web-like decentralized browsing experience.
TON DNS TON DNS is a service for assigning human-readable names to accounts, smart contracts, services, and network nodes. With TON DNS, accessing decentralized services can be similar to viewing a website on the World Wide Web.

TON Payments TON Payments is a platform for micropayments and a micropayment channel network. It can be used for instant off-chain value transfers between users, bots, and other services. Safeguards built into the system ensure that these transfers are as secure as on-chain transactions.
The Telegram Team will rely on its 10-year experience in building user-friendly interfaces for tens of millions to create light wallets, exchanges, and identification services that will allow users to get on board with cryptocurrencies in an intuitive way.
Please, pay your attention that Cointelegraph is not responsible for the information on this ICO as there was no official statement so far. There is no official site either.
Telegram recently announced it would launch an ICO for its blockchain platform.
TON aims to deliver a fast, scalable blockchain with support for decentralised applications, distributed file storage, and micropayments.
TON blockchain.